Also i just like to point out that i live in the Western Sydney area, so these are not just numbers I'm reading off some web site. I'm seeing it with my own eyes. There is very little competition atm if your renting, you can more or less pick what you want and can get them to drop the price. Very different from when i was trying to rent in Ultimo around 5 years ago . It was impossible to find a good place and if you did you would have to bid up the price and take a rectal examination.